phone: 978.774.3000    fax: 978.774.8170    185 Centre St., Danvers, MA 01923


Can you Still Deduct Car Expenses on your Tax Returns?

Many taxpayers have claimed this deduction in the past but with the new tax laws, there is a chance you may no longer be able to deduct them anymore.

You can still deduct your auto expenses if you if you own a business or are self-employed and use your car for work related tasks.

If you are an employee of a company you can no longer deduct your work mileage on your tax return, even if you do not get reimbursed by your employer. Prior to 2018, employees were able to deduct their auto expenses if they filed a Schedule A as a miscellaneous itemized deduction.

If you are an Armed Forces Reservist, fee-basis state or local government official, or a qualified performing artist, you can still deduct unreimbursed travel expenses.

Please consult your tax advisor on all the above information.

Leave a Reply